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Article: Providing comparable international labor statistics; BLS adjusts foreign data to a common conceptual framework, thereby aiding users in making meaningful international comparisons. (International comparisons).(Bureau of Labor Statistics)(Statistical Data Included)
- Article from:
- Monthly Labor Review
- Article date:
- June 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Bureau of Labor Statistics (BLS) produces many statistical series for the United States which describe important aspects of U.S. economic performance. For example, data show that over the last 40 years the number of employed persons has doubled, Hourly compensation costs for production workers in the manufacturing sector have grown from a little more than $6 per hour in 1975 to almost $20 per hour in 2000. Over the last 50 years, labor productivity in the manufacturing sector has increased about 3 percent per year, resulting in more than a quadrupling of the output produced per hour of labor input. (1)
But, how does this compare with the rest of the world? A ...
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